Lloyds to claw back bonuses

“Insurance Misselling” and Other Euphemism’s

Did Wronged Consumers Misbuy it? Lloyds Banking Group PLC will reduce some of the bonuses awarded to top executives in 2010 following an insurance misselling scandal that resulted in the U.K bank handing hefty compensation to consumers, a person familiar with the matter said Monday. Last year, Lloyds set aside £3.2 billion ($5.06 billion) to compensate...
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